TREE NEWS reports: Fuel oil rose more than 3% at the open of night futures trading, while low-sulfur fuel oil, propylene, crude oil, ethylene glycol, LPG, synthetic rubber and polypropylene each gained over 2%. Benzene and methanol advanced more than 1%. Wood pulp and Shanghai lead edged lower. The moves came at the start of the night session.
Night futures open: fuel oil up over 3%, crude and LPG up over 2%
The breadth of the energy complex — fuel oil, crude, LPG and downstream petrochemicals all moving together — points to a sector-wide repricing rather than an isolated product story, which matters for anyone with exposure across the barrel-to-chemicals chain. The split between those gains and softer wood pulp and Shanghai lead suggests the move is concentrated in energy-linked contracts rather than a broad risk-on shift. Whether the energy bid holds through the full session, or fades as it did at the open, is the open question worth watching.
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